Curious to see everyone's ages and incomes? Not your household income, just your own.
Promise I'm not the ATO ;)
ETA: Just a quick addition from the ATO website:
Employee median income was $54,161
Apparently, The Average OzBargainers Income Is 250k, What's Everyone's Ages and Incomes?
clownfish on 12/01/2023 - 09:47
Last edited 12/01/2023 - 10:22
Last edited 12/01/2023 - 10:22
Poll Options
- 54Under 50k & Under 30
- 5050-75k & Under 30
- 6475-100k & Under 30
- 114100-150k & Under 30
- 40150k-200k & Under 30
- 187Over 200k & Under 30
- 29Under 50k & 30-40
- 4050-75k & 30-40
- 11575-100k & 30-40
- 294100-150k & 30-40
- 145150k -200k & 30-40
- 113Over 200k & 30-40
- 36Under 50k & Over 40
- 2550-75k & Over 40
- 5575-100k & Over 40
- 110100-150k & Over 40
- 55150k-200k & Over 40
- 100Over 200k & Over 40
Comments
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Torture the numbers and they’ll confess to anything
We are a rich bunch here grabbing every single penny from OZB savings. We are also hoarders.
who is making over $200k and under 30??? what job do they have? probs onlyfans
they might have a Feet Finder account.
wtf, cant believe people would spend money on these when you can get them for free elsewhere?
Agreed. I’m in the wrong job clearly.
Fair few jobs out there that would let you hit this.
Mines, FIFO, locum healthcare (Dr), private healthcare, etc.
software eng + software business owner
Software engineering if you are in FAANG or similar - aka Google, Amazon, Atlassian, Canva etc
yeah I bought FANG and tech - including Tesla - today's news - Elon Musk breaks world record for largest loss of personal fortune in history
https://www.theguardian.com/technology/2023/jan/12/elon-musk…
Who is getting 200k + at Canva? Maybe with stock options.. but no where near that on average takeaway. Other 3 yes.
I lived next to the Canva building in Surry Hills for a few years. The Canva office just kept expanding and consuming more of the neighbourhood. You need $200k+/year to pay rent living around there.
@drfuzzy: That doesn't mean only ppl employed by Canva live in that suburb or that the increase was due to the Canva building expanding. Rents have generally gone up everywhere in the last year.
Finance (buyside/sell side). These days grads pull 200k. Mind you sellside is grim these days due to layoffs
What?
No grad in finance makes $200k straight out of their undergraduate degree.
They do in investment banks. Source: I work in finance. Grads are on 160-175k base + 40-100k bonus. During covid base went from 120k to 150-170k. Each bank is obv slightly diff. Obv bonus is subjective but the absolute worst case IMO would be 20%. Mind you they get worked hard 70+ hrs
@Homr: For grad roles they just look for high WAM/GPA/ ATAR. For lateral you can come from BIG 4 corp finance eqv. I would say work itself is not technically complex, it’s more long hours, persistence and commercial accumen. If someone has no interest in finance I wouldn’t recommend it. I feel like other field like Comp Sci/ Software Eng might be better. I also feel gov jobs under rated given work life balance and still decent comp
Drug dealer? Cyber criminal/scammer?
Quite common for junior doctors under 30 to earn this amount. However, having said that, the range varies dramatically depending on number of postgraduate years out of uni (PGY), role, amount of hours worked, locum vs employee. I'd say the range for junior hospital registrars (~PGY 3-5) would be around 150k-210k per annum pre tax. Having said this, take home pay also likely to be much lower than the average joe on a wage of 150-210k given the multitude of fees, conferences, tax deductions, HECS/HELP debts etc.
This is so far off the mark
Without paid overtime (which most departments try incredibly hard to squirrel out of), final year registrars (4-6 years a student, 2-x years a junior doc, 3 + years a registrar in a training program) earn about 130k/yearIf you have paid overtime, sure you could make up to 200k - but that’s at the cost of 60+ hours a week, all your social life and your sanity 🤷♂️
Base rate for a first year registrar in VIC (which many become 3-4 years out) is about 126K with not a single dollar of overtime, public holiday penalty, late shifts etc. Base rate for final year registrar (year 6) is 170k. So 150k is not difficult to fathom and is very common amongst first year registrars as they are often rostered overtime by nature of the work they need to do (granted unpaid overtime would push it even higher than this), but also have public holiday rates, evening rates, weekend rates etc.
Potentially different rates of pay in NSW and your own hospital but it certainly isn’t far off the mark in Vic.
Also I’m not sure which or how final year registrar is only 3 years in a training program. I doubt you’re in this space.
@Jaystea: “I'd say the range for junior hospital registrars (~PGY 3-5) would be around 150k-210k per annum pre tax”
Mate. You’re the one saying a PGY3-5 is earning up to 210k.
You’ve definitely outed yourself as the one who has no idea what you’re talking about.
In fact, as public servants - the EBA and pay rates are freely available online.
Maybe check it before spouting rubbish@firstpostbekind: Lol ok. Says the one who actually has no idea. I have quoted the EBA for vic. Are you still premed?
@Jaystea: And I quote again
@Jaystea: “I'd say the range for junior hospital registrars (~PGY 3-5) would be around 150k-210k per annum pre tax
You’re either allied health or a nurse. End of story
liars and people that have held on to a job for 20 years even tho they do nothing worth making that much money.
Most jobs overpay for the actual work that gets done.
That being said I’ve thought about it a bit more and as such, I am probably in the <30, >200k. So for those curious as to how:
My job pays around ~182k total renumeration. which consists of:
$152,323 Base Salary
$9,825 Flying Allowance
$15,700 in DHA Allowance
$4,500 in DHOAS PaymentsObviously the standard stuff still applies with my job, free healthcare and dental, free pharmaceuticals, free gym/pool membership, access to a large range of salary sacrificing. Plus $$$ in Super (I’m on MSBS which is a very good scheme and will let me retire on a pension at 55 for the rest of my life as long as the government can find the money to pay it in 20-30 years).
I also earn rent from IP (~$18,000 annually) but that basically all goes to paying the home loan. Plus a couple of grand in interest every year from savings in the bank. That cracks 200k if you count the rental income I guess.
Good to know I'm in good company in my under 30, over 200k bucket.
Shame the poll didn't have enough options so I could put under 20, and over 1 million but hey, I guess that just puts us in the 1% right?
You just made $3.6k writing that comment.
30% of people voted are Over 200k & Under 30 and can answer a poll on OZB during work hours on a Thurs
Sums it up nicely
:D
…are Over 200k & Under 30 and can answer a poll on OZB during work hours on a Thurs
A big salary often comes with more 'responsibility', rather than more 'work'.
ah yes, the "I'm too busy in meetings that don't produce any value" trope
I guess employers value the brain's ability much higher than one's ability to produce physical output!
But then again, I can't blame them.. all you need to do is to take a quick look at some people out there! I'm not saying I'm smart, but geez, I often wonder how some people have survived as long as they have! 😊
I got my assistant to vote for me.
Some Ozbargainers have retired early and have family trusts which will affect the poll from a look through and normalised basis.
Family Office. xD
Nice try ATO.
Not falling for it.
Promise I'm not the ATO ;)
About 10 years ago I faked my own death for tax reasons. I have been collecting benefits as my own widow ever since.
you saw the widow of opportunity and went there !
Lol i wud luv to b frnds woth thos 250k aus bargainer🤣
Looked at your history to see if you type like that on a regular.. looks like it's a new year resolution huh
Over 200k & Under 30
High risk profile
Add over 1m and under 18 plz.
I am sure there are some AFL players on the forum!
afl players wished they got paid that at under 18
Rich people are tight arses. The perfect ozbargainer loves to save.
Nobody saves money on here, too busy buying things we'll never use.
Everybody lies.
Can we add an option for the ozbargain multi millionaires with 85inch broken pool TVs. 500k +
For context, if you’re making over $250k you’re in the 99th percentile of earners in Australia.
That’s the top 1%. We’re either a community of liars, or a community of outliers.
'a community of outliers'
reminds me of my farm-raised father's dad joke - 'our cows are out-standing in their field !'
We arnt a community
What a clown question :)
Another perspective: maternity leave/stay at home parent
Earning 200k and using your valuable downtime here?
Absolutely. And valuable uptime where the work has been done already.
They “identify” as high income earners. Regardless of what they actually make.
But I guess, those people under 30, if you actually work out the time they are actually working at work vs the time they are making TikTok’s at work. Their hourly rate is probably that of someone who earns over 200kLogic fail.
You're poll fails if someone is earning one of the break points, eg $75K or $150K. How does one pick?
A more interesting poll would be earnings and do you enjoy your job?
This is such an elite bunch I feel so inadequate…
the median income is 82k for full time workers…. the average is 92k for full time
according to the Australian Bureau of Statistics
also where are the mods we have one of these dumb posts every 6mo or so
Does life stop at over 40 and under $50k?
Need an over 65/75 and under $xxYet with such high income, these are the same stingy people who will snap up a $5 voucher like a vulture, try high and low to price match at poor officeworks, disgusting.
You think people got rich by spending more than they had to?
Millionaire or not, $5 is $5.
Over 40, over 250k. I thought ozbargain would be full of old farts like myself.
20k last year. Great stuff.
Looks like the most prominent bracket is 100-150 across all ages.
Doesnt this get asked weekly?
It’s interesting to see that ozbargain is primarily made up on the 1% of income earners in the country. Who would have thought there was a direct correlation between a bargains website and high income earners?
I honestly don't think it is unexpected. Ozbargain drives consumerism rather than being frugal.
ozbargain is primarily made up on the 1%
OzBargain, the one percenters, just like an Outlaw Motorcycle Club
$200k pre tax is bugger all.
These polls are stupid as everyone takes the piss
As a broker who's done around 125 OzB home loans over the years, my anecdotal findings are this;
- lots of single guys or young couples around 25-35 bracket
- tend to sit in the $70k-$110k income bracket
- mostly out of the city centres, many live in regional towns
- strong income to debt ratio (generally good with money and not too overleveraged)
- have too many credit cards
Aidan.
That sounds about right
@sss333 yup, this is the bell curve, however maybe 5% of those have been on $200k+.
Came for the memes but appreciated the interesting response.
@ssfps I could insert an American Office GIF?
I would love to know how many people are here with a profit / salary of >1M pre tax. There's gotta be the odd lurker.
Hope this is not data collection by admin to target personalised marketing ;)
I hope that it is.
As long as I got enough money to buy my Chinese take away and KFC I'm good.. When I can't then I'm gonna start selling myself to some of you rich mfers.
A man can dream right?
No no no don't create a poll sbout the average body fat % !
A question about total gross household income would also be useful. And people should include government handouts in income.
This survey confirms what I instinctively knew, OzBargain is where the "top end of town" hangs out.
Seems like a lot of people earn between 150k-200k…
80K-100K should more be like the norm?I need to find a new job.
Im on whirlpool also, so therefore 350k
When people talk about wages like these, does it include super?
No
Here’s a reality bite – 12 years in the workforce, 36 this year, just ticked over 150k annual income if you chucked in my sidegig and rental income. I don’t see it getting that much higher than my annual CPI raises and IP rent review – honestly, at this point I simply do not want to work any harder or climb any more ‘ladders’ just to make 20-30k more. I’m in finance so I would be lying if I said I was still ‘passionate’ about it a decade in but I’m currently on a 35hr work week with spare time to be on ozbargain during the less busy seasons of the year and that I’m contented with. I make enough that I can splurge on things I want without having to overthink it, but what actually made the biggest difference was the dual income from marriage, that’s what really changed my lifestyle. My spouse’s salary is basically just for all our expenses and discretionary purchases while mine is for the non-negotiables like mortgage, insurance, bills and savings etc.
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there's gross income and net income -
I believe Exxon fossil fuel company might have $$$Billions in income from Australia - yet pay $0 tax as they declare expenses (mostly transfer pricing - fake loans from overseas subsidiaries) so their 'net' income is declared as about zero.
https://michaelwest.com.au/exxonmobil-australia-pty-ltd/
many conflate income with wealth - but if you got hit by a bus tomorrow and could never work again, how would your income look then (or after your compo, etc. ran out) ?